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NEAR Protocol Trades at $5.21 as Binance Futures Open Interest Falls 18%

NEAR Protocol Trades at $5.21 as Binance Futures Open Interest Falls 18%

Photo: TokenPost

NEAR Protocol (NEAR) traded at $5.21 on Binance at 4 a.m. ET (08:00 UTC) Oct. 11, while futures open interest fell 18.02% over 24 hours to $252.16 million. NEAR was down 0.48% for the session. Binance spot trading showed a 24-hour range of $5.17 to $5.44. The futures market showed no strong directional imbalance. The global long-short ratio stood at 1.0190, representing 50.5% long positions and 49.5% short positions. Binance’s top-trader cohort had a ratio of 1.0851, with 52.0% long and 48.0% short positions. Selling pressure was stronger during the cited one-hour period.

Source: TokenPost

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